Danakali Share Discussion Threads

[easykill] 19/6/2002 22:00

in the US it happens on the dates that I have stated. This sort of expiry must occur elsewhere but dont think on those dates and no where as influential as the US. US is the major influence on the other markets (including UK) so triple witching there is taken notice of most.

[oaklandsway] 19/6/2002 21:55

EK, are we expecting firework on the coming Friday.

[ambabe] 19/6/2002 21:19

Cheers ff,

Will wait for a positive breakout at 30p !! Good to see some synergy on this thread - you guys seem very switched on!!

By the way nobody answered my question on triple witching - Que??

[oaklandsway] 19/6/2002 19:13

Good, moving ahead with SPS.

I will buy SPS if the management can guarantee no right issue at this level of price. Please friends, start with positive discussion.

[oaklandsway] 19/6/2002 18:57

Funny fans,
you are right the revenue of 6 months is £45 million (declined from £69 million last year). Next six month could be much less if they concentrate on Aerospace business. Hope the next six months the revenue can exceed £30 million so the total revenue will be more than £75 million.

DEBT:
Debt due within one year: £41 million
and due after one year is: £34 million


Equity shareholders' funds reduce to £1.2 million from £65 million.

Give me a shout if takeover or merger comes before administration.

[ambabe] 19/6/2002 18:32

lol - come on then ff give us all some hot tips!! what are you in at the moment other than LGD of course??

[forfaiter] 19/6/2002 18:15

Oakyhead.....it would help if you took the revenue for the whole year....not just the interim figure....LOL

[oaklandsway] 19/6/2002 17:31

Funny Fans,
You can't compare straight away between Danka and LGD.

We bought Danka when they where in trouble because we consider that
1. the revenue and profit margin was high enough to cover the debt.
2. no cash burning
3. the industry was declining but not that extreme
4. the re-engineering process is relatively simple (simple software & networking) but just need new organisation and supply chain management.
5. can reduce capex but still increase gross margin and gross profit (actual dollar)

But LGD,
1. The revenue, now, less than debt
2. they need R&D or innovation that will burn some cash
3. manufacturing industry in UK is suffering and global aerospace industry has suffered extremely
4. re-engineering by concentrating into aerospace industry is not that simple because it will need big effort and investment to carry on innovation
5. hard to reduce capex in term of cost of R&D for every unit of product, new product for aerospace needs certification, etc.

At the end of the day, if the whole company goes to administration banker will sell the aerospace division if the product worth it. After the cold war, Aerospace industries tend to merge e.g. Lucas Aerospace, Fairy Hidraulic Limited, etc.

The question for LGD is: Can merger come before administration (chapter 11)?

[psychicdoc] 19/6/2002 17:10

ff come on lgd is like making a donation might as well give it to oxfam pal, seriously it is very risky

[oaklandsway] 19/6/2002 16:38

blockbuy, Mark Luiz will be crazy to pay £40K because his TWT option is £30K more expensive than current market value.

[ambabe] 19/6/2002 16:37

Hi Guys - thought I check in for the close, would love to have been 35,000 ft up flying to Japan Oaks, but not possible at present!

What's been going on thought 60p was good support - still waiting to top up, I keep hearing about triple witching on Friday - What's that????? anyone?

Oaks looks like you made a good move with Emblaze, any other short term tips??

Answers on a postcard please..

[solis] 19/6/2002 16:29

tks Piston. Already there. Had been before but thought it was only for valid testers. Had not tried to get in, which I did following Oaks post.

Pity they do not have previous days details as it seems 100 ADR's set the initial price !!!

[solis] 19/6/2002 16:23

ta Oaks. Will do.

[blockbuy] 19/6/2002 16:16

TWT director allowed his options to lapse.....oh dear.

[pistonbroke1] 19/6/2002 16:11

Solis the link below shows individual trades the same as advfn in u.k - you need to register by using your advfn u.k. name and password.

[solis] 19/6/2002 16:08

ff I wasn't the only one. Although you can post good comment at times, which is worth reading, I do not think it is worth my while wasting further time, so will be using the filter. Goodbye.